A Jewelry Making Cash Kid.

CASH KID

There are lots of ways for kids to make some cash. In episode 14, we interview fellow "Cash Kid" Ella Kate about her bracelet jewelry-making business, Bracelets by EK. Hear how she turned a hobby and turned it into a money-making idea. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

A Jewelry Making Cash Kid

Welcome back to another episode of the Cash Kid Podcast. I love these types of episodes where we get to bring in a guest who is another fellow cash kid. Today, we’re spotlighting a kid making cash from making jewelry. Her story, coming up! The Cash Kid Podcast is underway.

Intro tease:

So you’ve got some cash. Maybe from an allowance, or that money your grandma gave you for your 7th birthday (Here you go sweetie.) Thanks grandma.

Whatever it is, what are you going to do with it? Spend it, hide it away… or maybe invest it? Let’s start learning how to make that money grow.

Time to learn how to be a cash kid. (cash register)

Joining me today is Ella Kate Miller. Ella Kate is an 8th grader who took an opportunity and turned it into a jewelry making business. That’s why we consider her a fellow “Cash Kid.”

Welcome to the show Ella Kate!

Cash Kid: First off, tell us a little bit about yourself.

Ella Kate: My name is Ella Kate Miller and I’m 13 years old. I go to Pizitz Middle School and I’m in 8th grade. I also play basketball and volleyball.

Cash Kid: That’s cool so uh please, tell us about your business.

Ella Kate: Yeah, so I make bracelets. They’re similar to a business called Enewton. There’s a wide variety of bracelets that I make.

Cash Kid: What gave you the idea to start making these bracelets?

Ella Kate: During Covid I made some lanyards and I sold them so you could use them for your mask. And I had some beads left over so it gave me the idea to make bracelets during the summer.

Cash Kid: How did you learn to make them?

Ella Kate: So from those lanyards they gave me the idea. And they gave me some practice. I also made some little cross bracelets for my grandmother to start off the business so I could get used to using the beads and things like that.

Cash Kid: What influenced you to make this type of style bracelets?

Ella Kate: Yeah, so a lot of my friends have had these little colorful beads with gold accents and things and so I starting making those at first. And I did pretty good with those. And then I started using like gold beads and crosses and those got really popular so I just kept on doing what people kept on ordering.

Cash Kid: Where and how do you sell the bracelets or jewelry you make?

Ella Kate: I make them in my house and then I take pictures of them and then I post them on Instagram. My mom does it on Facebook too. At first, I like texted my friends and they would just tell me what they wanted. But you can also find some Mountain Brook Spartan ones at Smith in Mountain Brook Village.

My Mom is friends with the owner and she really likes them so she was like if you can make me some. I made her about 18 I think. So you can find them at Smith’s Variety in Mountain Brook Village.

Cash Kid: What are you future plans with this business? Would you like to sell them in more stores in the future, or maybe open an Etsy shop?

Ella Kate: I think for right now I would like to keep it small because of how busy I am. But, maybe an Etsy shop in the long run would be cool.

Cash Kid: How much time do you spend on your business?

Ella Kate: Probably around one to two hours a day or more. It doesn’t take me too long to make the bracelets but that helps me a lot for school and sports after school.

Cash Kid: How do you advertise your business?

Ella Kate: So I have as I said my Mom runs my Instagram. It’s called bracelets by EK. And I just post it on there and my Mom kind of repost it on Facebook.

Cash Kid: So is there like a kit you buy or something to give you the materials for the bracelets?

Ella Kate: So I usually buy the beads on Amazon. I think most of all of them are from Amazon. And some cross bracelets that I make, the little cross beads are from Etsy.

Cash Kid: What have you learned from running a business like this at a young age?

Ella Kate: Definitely just stay organized because it’s very hard to know whose bracelets are whose and where things are on my desk. And it’s hard to find what I want when my desk isn’t nice and clean. But I also have like a notes on my phone of who hasn’t paid and who has just so I know and it helps me a lot.

Cash Kid: What advice would you give to other kids thinking of starting a little business of their own?

Ella Kate: I would say make sure you know what you are going to do and have lots of products so you are prepared. And again, stay organized and be ready cause you might start off strong and have a lot of orders right off the back.

Cash Kid: Do you have plans for the money your making?

Ella Kate: I’m ultimately trying to save it because I have a little jug in my room that I like to save for and it’s probably going to be for a car in college and stuff like that. But I also I love shoes. But most importantly I give some to the church every two weeks I give a good portion to the church.

Thanks Ella Kate for your example of being a Cash Kid and we wish you the best in your business ventures. Again, be sure to follow her on Instagram at braceletsbyek. Remember, anyone can be a cash kid, you just have to learn how to become one. Ella Kate, is doing just that!

(music)

That wraps it up for today’s Cash Kid episode. Be sure to visit me at cashkidpodcast.com for new episodes, follow me on Instagram, or my YouTube channel. If you go to my website make sure that you subscribe to the mailing list so you can receive emails when a new episode comes out. That's it for today, Cash Kid out!

Disclaimer:

The information presented represents the views and opinions of the guests. This show does not intend to provide personal investment advice through this podcast. This content has been made for informational and educational purposes only. To make a full and informed investment decision, we advise you to speak with a financial advisor and for kids, definitely your parents first before investing.